7 Secrets that Cost Your Client a Bundle on their Workers' Comp

Metal fabricator saves $40,000

7 years, 10 months ago ,

INSUREDA metal fabricator with 26 employees thatmanufactures metal sign-holders for various retailers. SITUATIONWith no history of carpel tunnel issues, the insured experienced a rash of carpel tunnel injuries unexpectedly, with two in excess of $80,000. This drove the company’s Experience...

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General contractor enjoys a Workers’ Comp drop of $245,302 in just four years

7 years, 10 months ago

INSUREDA commercial general contractor. SITUATIONA 62% Workers’ Comp surcharge drove up the company’s Experience Modification Factor to 1.12, costing them an additional premium of $185,000 per year. It also restricted the company from bidding work for large corporations that required...

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Supervisor training cuts claim frequency and cost

7 years, 10 months ago ,

INSURED The insured is a social service agency with 390 employees in 22 locations.   SITUATION In one six-month period, this insured experienced 27 workers’ compensation claims totaling $89,000.   ASSESSMENT A Certified WorkComp Advisor (CWCA) looked into the situation...

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Educating supervisors cuts manufacturer’s costs by 96%

7 years, 10 months ago ,

INSURED A manufacturing company with 175 employees.   SITUATION The employer’s average annual Workers’ Comp costs were in excess of $80,000 per year. During that same period, the manufacturer averaged 35 claims per year, causing the Experience Mod to rise...

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Trucking company on the right road by saving $20,000 in total premium

7 years, 10 months ago ,

INSURED Trucking Company   SITUATION High rate and large number of employee injuries – $800,000 premium   ASSESSMENT No return-to-work program. Analyzed claims and showed employer the true cost of the insurance company paying indemnity to injured employees.   SOLUTION...

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Local pro teams hit home run by saving $82,657 through agent

7 years, 10 months ago ,

INSURED Two Minor League Professional Baseball Teams SITUATION Very high rates. The seasonality of the sport and the very low wages players receive relative to national averages acts as a deterrent for players to return to work, particularly when the...

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